Arcesium launches new performance allocations product, PerformA
The new product moves Arcesium into the private equity space, expanding from its typical focus on hedge funds and fund administrators.
The new product moves Arcesium into the private equity space, expanding from its typical focus on hedge funds and fund administrators.
Mandate win follows a string of fund services agreements SS&C has won in recent months as it hit the $2trn in assets under administration mark.
The appointment is the latest by Ultimus as it looks to bolster its private equity fund administration unit, Ultimus-Leverpoint.
The experience of 2020 has triggered a major shift in the service provision relationship between alternatives asset managers and their service providers, according to Jay Peller, head of fund services at Citco.
The findings follows a wave of buy-side firms that have expanded into private markets in response to increasing pressure on performance and fees.
Mandate to include fund accounting, investor services, reporting and data analytics overseen by SS&C’s Toronto team.
KLAR Partners closed its debut fund last month at a hard cap of €600 million, one of the largest European first-time funds raised in the last 10 years.
Start-up fund administrator to focus on private equity and venture capital out of the Channel Islands.
HSBC established the private assets business in 2019 to capitalise on the huge growth in demand from investors in markets.
Private equity services veteran of SS&C and Citi takes on new role in London.